Car inspection: Of all the registered automobiles in a city, 11% fail the emissions test. Fourteen automobiles are selected at random to undergo an emissions test. Round the answers to four decima
Answers
The probability of exactly two out of 14 vehicles failing the emissions test is 0.1536 or 15.36% (rounded to four decimal places)
The problem presents the probability of an automobile failing the emissions test and a sample of 14 vehicles are taken.
To find the probability that a given number of automobiles pass or fail the test, we can use binomial probability. The binomial probability is used to calculate the probability of success or failure in a fixed number of independent trials under identical conditions.
Car inspection: Of all the registered automobiles in a city, 11% fail the emissions test. Fourteen automobiles are selected at random to undergo an emissions test. Round the answers to four decimals.The probability of an automobile failing the emissions test is 0.11.
A sample of 14 automobiles is taken.The probability of finding exactly k successes in n trials is given by;P(X=k)=nCkPk(1−P)n−k
where, n is the number of trials, k is the number of successes, P is the probability of success in any trial, and 1-P is the probability of failure.
We are interested in finding the probability that out of 14 vehicles, exactly two fail the emissions test, that is, P(X=2).P(X=2) = 14C2 (0.11)² (0.89)¹²= 91 (0.0121) (0.1215)≈ 0.1536 or 15.36%.
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Related Questions
PROFIT/LOSS = TOTAL REVENUE - TOTAL COSTS
lan set up a taxi firm one month ago. He has calculated that his total monthly revenue was £2400.
He has added his costs together for the first month and they came to £2800. However, he spent
£1000 on a car for the business that he will not need to spend again.
1) What was his profit/loss for the month?
For the month it was €
1
2) Next month, what will his profit/loss be?
3) List 2 things that could happen that would increase his costs?
Answers
Answer:
What's the question? :) I'm an econ major btw.
Explanation:
many logistics costs are interrelated; for example, increasing inventory costs with additional warehouses should result in
Answers
Numerous transportation expenses are interconnected; for instance, raising inventory costs with more storage should lead to transportation costs.
The last century has seen continuous advancements in the goal of improving mobility expenses and increasing capacity for transportation networks. For the mobility of people and freight, users such as individuals, businesses, organizations, or governments must bargain or place an offer. Across regions and over time, there are differences in capacity, delivery setups, tariffs, salaries, locations, marketing, and gasoline prices. It relies on several variables, including the kind of products, the infrastructure that is accessible, the sources and locations, the technology, and the distances between them. They collectively determine the expense of transportation. Costs associated with transportation are expenses that service companies for transportation inherently bear.
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many logistics costs are interrelated; for example, increasing inventory costs with additional warehouses should result in_____________cost
Select the correct answer.
Which is the first step that managers should take to resolve a conflict within a diverse team?
allow each individual to offer a solution
encourage each individual to propose a mediator
get each individual to state the problem from his or her viewpoint
a
approach senior management for a solution
Answers
Answer:
get each individual to state the problem from his or her viewpoint.
Explanation:
The first step that managers should take to resolve a conflict within a diverse team is to get each individual to state the problem from his or her viewpoint.
Answer:
get each individual to state the problem from his or her viewpoint
Explanation:
that is the correct answer and here is why the first step for resolving a conflict within a diverse team is to get each individual to state the problem from his or her viewpoint.
norris has a deductible of $1,000. he damages his car in.- How much does Norris have to pay?- How much does his insurance pay?
Answers
Norris have to pay $1,000 and his insurance pay is $3,300. When a claim is made, the insured is required to pay a deductible before the insurance provider will cover the remaining costs.
For many years, deductibles have been a crucial component of the insurance contract. Getting the most out of your insurance coverage requires an understanding of the function deductibles play when insuring a car or a house. For many years, deductibles have been a crucial component of the insurance contract. Getting the most out of your insurance coverage requires an understanding of the function deductibles play when insuring a car or a house. Generally speaking, you pay less in premiums for an insurance coverage the higher the deductible is. A deductible can be a set monetary sum or a percentage of the entire insurance coverage provided by a policy.
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Braedon’s employer is requiring his employees to work ten-hour days for the next week, starting on April 10th. In which workplace is Braedon most likely working?
a mortgage company
a credit union
a tax preparation office
an insurance company
Answers
Answer:
C
Explanation:
I got it correct
Which of the following statements is true of the Vroom-Jago contingency model of leadership? a. It made the assumption that new leaders could take over as situations change. b. It states that the leader's responsibility is to increase subordinates' motivation to attain personal and organizational goals. c. It discusses the extent to which the leader's style is relationship- or task-oriented. d. It tells the leader precisely the correct amount of participation by subordinates to use in making a particular decision.
Answers
The following statement is true of the Vroom-Jago contingency model of leadership: It tells the leader precisely the correct amount of participation by subordinates to use in making a particular decision. So the right option is (d)
What is the Vroom-Jago contingency model of leadership?The Vroom-Jago contingency model of leadership is a decision-making process that assists leaders in determining the appropriate degree of participative decision-making in a specific circumstance.
The model has eight different leadership styles, each of which emphasizes the amount of involvement that employees should have in the decision-making process. The correct decision-making strategy for a given situation is determined by the leader's and subordinates' levels of expertise, team dynamics, and decision significance.
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Team players are sought-after employees
True
False
Answers
Answer:
true,
Explanation:
a trial balance prepared after adjusting entries are posted.
Answers
A trial balance is a statement that lists all the accounts in the general ledger and their respective balances at a specific point in time.
It is usually prepared at the end of an accounting period to ensure that the total debits equal the total credits and that all transactions have been recorded accurately. However, a trial balance prepared before adjusting entries may not reflect the correct balances of certain accounts, such as prepaid expenses, accrued revenues or expenses, and depreciation.
To correct these errors, adjusting entries are made at the end of the accounting period to update the balances of the affected accounts. After these entries have been made, a new trial balance is prepared to ensure that the accounts have been adjusted correctly and that the total debits still equal the total credits.
Therefore, a trial balance prepared after adjusting entries are posted reflects the accurate balances of all accounts, including those that were previously adjusted. This ensures that the financial statements prepared from this trial balance will provide a true and fair view of the company's financial position and performance.
It is a critical step in the accounting process and provides a basis for preparing accurate financial statements and making informed business decisions.
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Steve has worked 36 hours this week at $10/hour. On his last shift of the week he clocks in at 8:05 am and takes his lunch at 11:53. He comes back from lunch at 12:35 and clocks out at 4:56. How much will Steve's Gross Pay be?
Answers
Answer:
$441.5
Explanation:
Hours already worked = 36 hours
Rate = $10 / day
Number of hours worked on last shift :
8:05 - 11:53 = 3 hours 48 minutes
12:35 - 4:56 = about 4 hours 21 minutes
Total hours (3 hours 48) + (4 hours 21 minutes). = 8 hours 9 minutes
Hence, total hours worked that week :
36 hours + 8hours 9 minutes
44 hours 9 minutes
Rate = $10 / hour
(44*$10) + (9/60 * $10)
$440 + $1.5
Gross pay = $441.5
ITC Ltd is a manufactures products in Namibia and was incorporated on the 1 March 2021 with a share
capital of N$100 000 which is divided into 100 000 ordinary shares and half of these shares were
issued. On 28 February 202 the following balances appeared in the records of the company:
Sales
Cost of sales
Provisional tax payments
Share capital (50 000 shares)
Investment in shares at cost (fair value N$40 000)
Credit losses
General administration expenses
Bank (favourable)
5% Debentures (issued)
Land
Equipment
Vehicles
Sundry payables
Sundry receivables
Retained earnings from the previous year
Interest paid on debentures until 1 September 2021
Inventories on 28 Feb 2021
Accumulated depreciation on 1 March 2021:
Equipment
Vehicles
Interim ordinary dividend
Allowance for credit losses
230,361
153,574
18,000
51,250
33,560
5,700
11,000
4,680
30,000
80,530
3,040
5,870
42,890
40,180
11,510
750
14,750
440
2,610
5,000
5,823
Additional Information
a) The N$33 560 investment in Telcom, a listed company consists of 10 000 ordinary shares originally purchased at N$3 each plus
the transaction costs of N$3 560. The shares were purchased with the intention of being a long-term investment and not for
trading.
b) Ignore tax implications with the re-measuring of investment.
c) Depreciation should be written off as follows: Equipment 10% on diminishing, vehicles 20% per annum on cost.
i) N$ 30 000 should be transferred to replacement reserve.
j) A provision of N$20 000 should be made for income taxation for the current year.
d) Trade receivables to the value of N$180 should be written off as irrecoverable.
e) An allowance for credit losses must be N$4 000
f) A dividend of 15 cents per share was declared, but was not provided for or paid by 28 February 2022.
g) Land was bought on 1 March 2020 and serves as security for debentures.
h) The directors' fees of N$2 500, auditor's fees of N$1 000 and staff costs of N$10 000 are included in administrative costs. The
directors are D. Damara and O. OPetrus, and they received remuneration of N$1 300 and N$1 200 respectively.
Required
Prepare a statement of profit or loss and other comprehensive income for the year ended 28 February 2022. [25 marks]
NB. Your statement of profit or loss should comply with the International Financial Reporting Standards (IFRS)
Answers
ITC Ltd is a manufacturing company incorporated on March 1, 2021, in Namibia. The company has a total investment of N$33,560 in Telcom, a listed company, consisting of 10,000 ordinary shares originally purchased at N$3 each. In addition, the company must have an allowance for credit losses of N$4,000. The company is directed by D. Damara and O. Petrus, who received remuneration of N$1,300 and N$1,200, respectively.
To prepare a statement of profit or loss and other comprehensive income for the year ended February 28, 2022, the company needs to follow International Financial Reporting Standards (IFRS).
This statement should show all revenues and expenses incurred by the company during the year, including any gains or losses from investments, remunerations to directors, and allowances for credit losses. The company can calculate its net profit or loss for the year by subtracting its total expenses from its total revenues.
In summary, ITC Ltd should prepare a statement of profit or loss and other comprehensive income for the year ended February 28, 2022, following the International Financial Reporting Standards (IFRS). This statement should show all the company's revenues, expenses, gains, and losses, including investments, remunerations, and allowances for credit losses. By subtracting its total expenses from its total revenues, the company can determine its net profit or loss for the year.
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withdrawn rs 1000 on a permanent basis out of capital.
Answers
Answer:
withdraw a/c...........Dr 1000
To cash a/c 1000
Explanation:
a measurement scale that provides consistent results over time ___
Answers
A measurement scale that provides consistent results over time is called a reliable scale or measurement.
Reliability refers to the consistency and stability of measurements or scores obtained from a scale or instrument. In other words, if a measurement scale is reliable, it means that it produces consistent and reproducible results when used repeatedly or across different time points.
Reliability is an important characteristic of a measurement scale as it ensures that the instrument is dependable and can be trusted to provide consistent results. This allows researchers or practitioners to have confidence in the accuracy and stability of the measurements obtained, enabling them to draw meaningful conclusions or make reliable decisions based on the data collected. Various statistical methods and techniques are used to assess and evaluate the reliability of measurement scales, such as test-retest reliability, internal consistency reliability, inter-rater reliability, etc.
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n its recent income statement Tyler Toys Inc. reported $72.5 million of net income, and in its year-end balance sheet it reported $1,174 million of retained earnings. The previous year its balance sheet showed $1,131 million of retained earnings. What were the total dividends (in millions of dollars) paid to shareholders during the most recent year
Answers
I hope this helps you :)
Mia likes to write books during her free time. At present, three of her books have been published and sold around the world. The income received from selling her books is an example of
Answers
Answer:
passive
Explanation:
The long-run effects of rent controls are a good illustration of the principle that a. society faces a short-run tradeoff between unemployment and inflation. b. the cost of something is what you give up to get it. c. people respond to incentives. d. government can sometimes improve on market outcomes. At a minimum wage that exceeds the equilibrium wage, a. the quantity demanded of labor will exceed the quantity supplied. b. the quantity supplied of labor will exceed the quantity demanded. c. the minimum wage will not be binding. d. the market for skilled workers is affected, but the market for unskilled workers remains unaffected.
Answers
While rent controls may seem like a good idea in the short run, they can have negative long-term effects on the market. The long-run effects of rent controls are a good illustration of the principle that government can sometimes improve on market outcomes.
Rent controls are typically put in place to protect tenants from high rents, but in the long run, they can actually decrease the supply and quality of rental housing. Landlords may not have the incentive to maintain or improve their properties, leading to a decrease in the quality of housing available.
Additionally, landlords may choose to convert rental units to other uses, such as condominiums or commercial space, further decreasing the supply of rental housing. This ultimately results in a shortage of affordable rental housing, which can have negative effects on both tenants and the overall housing market.
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assume the british pound is worth $1.60, and the canadian dollar is worth $.80. what is the value of the canadian dollar in pounds?
Answers
Assume the British pound is worth $1.60 and the Canadian dollar is worth $.80. In pounds, the Canadian dollar will be worth 0.50.
What is the value of the British pound?
GBP is an abbreviation for the British pound sterling, the official currency of the United Kingdom, the British Overseas Territories of South Georgia, the South Sandwich Islands, and British Antarctic Territory, as well as the Isle of Man and the Channel Islands, which are crown dependencies of the United Kingdom.
The Falkland Islands pound, Gibraltar pound, Saint Helena pound, Jersey pound (JEP), Guernsey pound (GGP), Manx pound, Scotland notes, and Northern Ireland notes are all pegged to the British pound.
Calculation:
$.80/$1.60 = 0.50
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After six years of success in terms of some benchmarks, MillerCoors, the joint venture between Molson Coors and SABMiller, is having trouble. Why is it struggling after such a promising beginning?b. It was unable to create economies of scale.c. It has not increased market shares for two of its important products.d. It has not been able to get products to market in a timely manner.a. It has not been able to substantially reduce costs.
Answers
After six years of success, it appears that the most likely reason for the joint venture between Molson Coors and SABMiller, MillerCoors', current struggles after such a promising beginning is that it has not been able to substantially reduce costs. Thus, the correct answer is option a.
While the joint venture initially showed promise and success in some benchmarks, the inability to create economies of scale and increase market shares for important products may also be contributing factors. However, the option stating that MillerCoors has not been able to get products to market in a timely manner does not seem to be directly related to the issue of the company's current struggles. Thus, the most likely cause is that the venture has not been able to substantially reduce costs. Option a is correct.
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when+the+market+rate+is+10%,+a+company+issues+$60,000+of+12%,+10-year+bonds+and+pay+interest+semiannually.+when+the+bonds+mature,+the+issuer+records+its+payment+of+principal+with+a+(debit/credit)+
Answers
The company issues bonds for $60,000, a 12%, 10-year term and semi-annual interest payments when the market rate is 10%. At maturity, the issuer records its payment of principal with a credit.What are Bonds?Bonds are essentially a type of fixed income investment,
which means they generate a fixed amount of income annually for the investor. Bonds are fixed-income securities that function similarly to a loan. The person who buys the bond is lending money to the issuing entity (in this case, the company) in exchange for interest payments for a specific period of time. The principal (the initial investment) will be repaid to the investor once the bond reaches maturity.What is the Market Rate?The market rate is the interest rate paid on a debt instrument by borrowers in the market. It's also known as the bond yield or the effective interest rate.
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i need friend on brainly asaPPPPPPPPPPPPPPPPPPPPPPPPPP
plessssssssssssss i neeedd 10000000000kkkkkk
Answers
Answer: can i be your friends
Explanation:
On December 31 of the current year, Plunkett Company reported an ending inventory balance of $215,000. The following additional information is also available:Plunkett sold and shipped goods costing $38,000 to Savannah Enterprises on December 28 with shipping terms of FOB shipping point. The goods were not included in the ending inventory amount of $215,000.Plunkett purchased goods costing $44,000 on December 29. The goods were shipped FOB destination and were received by Plunkett on January 2 of the following year. The shipment was a rush order that was supposed to arrive by December 31. These goods were included in the ending inventory balance of $215,000.Plunkett's ending inventory balance of $215,000 included $15,000 of goods being held on consignment from Carole Company. (Plunkett Company is the consignee.)Plunkett's ending inventory balance of $215,000 did not include goods costing $95,000 that were shipped to Plunkett on December 27 with shipping terms of FOB destination and were still in transit at year-end.Based on the above information, the amount that Plunkett should report in ending inventory on December 31 is:_____________A. $194,000B. $209,000C. $200,000D. $171,000E. $156,000
Answers
The amount that Plunkett should report in ending inventory on December 31 is: E. $156,000.
Ending inventoryUsing this formula
Ending inventory= Ending inventory balance - FOB destination goods purchased - Goods being held on consignment
Let plug in the formula
Ending inventory= $215,000 - $44,000 - $15,000
Ending inventory= $156,000
Therefore the correct option is E.
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11. True or false. A crime is an offense against the public at large.
a. TRUE
b. FALSE
Answers
Answer:
I mean I'm pretty sure that's true considering crime is against the law.
It is true that a crime is an offense against the general public. Thus option (A) is correct.
What is the offense?You know, playing offense refers to taking proactive measures, approaching rather than avoiding situations, getting a head start on the day, and tackling the difficult task first. By taking the offensive, you are shaping your life rather than letting it happen to you. Compared to playing defense, it is considerably more intriguing and gratifying.
The offensive conduct is the primary focus of a public order felony charge. While public order offenses generally follow a similar pattern across all states, certain local governments may have extra or different laws.
Such actions are viewed as crimes not because an obvious offender and victim can be identified, but rather because the larger community, or at least a vocal and influential portion of it, feels offended and hence victimized by such actions. Public order offenses have different legal standing in different jurisdictions.
Therefore, Thus option (A) is correct.
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common stock dividends paid to stockholders is equal to the earnings available for common stockholders divided by the number of shares of common stock outstanding. true false
Answers
This claim is untrue since the income that are not reinvested in the company are paid as common stock dividends to stockholders. Profit, net income, or earnings are used to pay dividends.
What function does a shareholder perform?The corporation's owners are its shareholders. They are entitled to ownership of the company stock shares. However, the shareholder's position in the business is restricted because they are not entitled to nor required to handle the day-to-day operations of the company.
Who are the three primary players?Stakeholder priority may often be broken down into three categories. Employees, clients, and investors are first and most crucial group, without whom the company cannot function.
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. if dairy farmers use automatic milking machines instead of milking by hand, which of the following economic questions does their decision answer? group of answer choices who has a comparative advantage in milking? for whom to produce? what is the price of milk? how to produce? what to produce?
Answers
If dairy farmers use automatic milking machines instead of milking by hand, The economic question raises is how to produce the milk. Thus, option d is correct.
Compared to the conventional procedure, more milk is produced. Machines are safer than humans when it comes to milking since during typical operations, the cows' teats come into contact with rubber liners rather than fingernails. Stress decreases while lactation is occurring.
Additionally, if you only have one cow to milk, hand milking is definitely your best option. However, if your pet is choosy or if the cow, sheep, or goat produces a lot of milk, this rule does not apply to them.
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What are the differences between mergers and acquisitions?
What are the pros and cons to mergers and acquisitions?
Answers
Mergers and acquisitions (M&A) are two different strategies used by companies to achieve growth and gain competitive advantages.
Mergers refer to the combination of two or more companies to form a single entity, while acquisitions refer to the purchase of one company by another. In a merger, the companies involved typically combine their resources and assets to form a new company. In an acquisition, one company acquires another and may absorb or integrate its operations into its own.
The benefits of M&A include increased market share, economies of scale, and access to new markets or technologies. However, there are also potential drawbacks, including cultural differences, increased debt, and integration challenges. Additionally, M&A can sometimes lead to job losses and disruption for employees.
Thus, M&A can be a powerful tool for companies to achieve growth and strategic goals. However, careful planning and execution are necessary to ensure success and avoid potential pitfalls.
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Which of the following is not included in GDP? The value of the time of a stay-at-home parent The purchase of a ticket to a Lady Gaga performance The salary of a public school teacher A new cell phone
Answers
The value of the time of a stay-at-home parent is not included in GDP.
GDP or Gross Domestic Product is defined as the total market value of goods and services produced within a given country in a particular period. It is the most important economic statistic and is used to measure the economic growth of a country. Here are the following items that are not included in GDP: The value of the time of a stay-at-home parent: It is not included in GDP since a stay-at-home parent is not producing any goods or services that are sold in the market. GDP only includes goods and services that are exchanged in the market. The purchase of a ticket to a Lady Gaga performance: It is included in GDP since a ticket to a concert is considered a final good and is sold in the market. The salary of a public school teacher: It is included in GDP since the salary is paid for providing a service that is sold in the market. A new cell phone: It is included in GDP since a cell phone is considered a final good and is sold in the market.
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The value of the time of a stay-at-home parent is not included in GDP.
Explanation:GDP includes production that is exchanged in the market, but it does not cover production that is not exchanged in the market. For example, hiring someone to mow your lawn or clean your house is part of GDP, but doing these tasks yourself is not part of GDP. In the given options, the value of the time of a stay-at-home parent is not included in GDP because it is not a market transaction.
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the workplace soft skills that equip you to accept and meet the challenges of change include
A understanding and flexibility
B tolerance and kindness
C flexibility and adaptability
D rigidity and truthfulness
Answers
Answer:
Flexibility and adaptability
Explanation:
Flexibility and adaptability are workplace soft skills that equip you to accept and meet the challenges of change.
Which margin is at the very bottom of the page when printing worksheets?
top margin
bottom margin
header margin
footer margin
Answers
Answer:
Footer Margin
Explanation:
Just took this :)
Answer:
Footer Margin
Explanation:
All of the following are examples of body language except:
Answers
Answer:
using humor to describe a situation
Answer:
I would go with b. using humor to describe a situation
Explanation:
Using humor is basically trying to accentuating your point/situation,so that's excluded.
I hope this helps
2. What do you think Alana's goals should be?
Answers
I think Alana's goal should be to create a budget that will make her save enough money to pay for all expenses.
What's plutocrat? Plutocrat is any item or empirical record that's generally accepted as payment for goods and services and prepayment of debts, similar as levies, in a particular country or socio- profitable environment.The primary functions which distinguish plutocrat are as a medium of exchange, a unit of account, a store of value and occasionally, a standard of remitted payment. What's significance of plutocrat? Plutocrat can not buy happiness, but it can buy security and safety for you and your loved bones. Mortal beings need plutocrat to pay for all the effects that make your life possible, similar as sanctum, food, healthcare bills, and a good educationLearn more about money here:
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The liquidity ratio reveals how many months it would take to convert all assets into cash. True or false?
Answers
False. The liquidity ratio, additionally called the present day ratio, is a economic ratio that measures a business enterprise's capability to pay off its short-time period liabilities with its current property.
It is calculated by way of dividing the modern property through the current liabilities. The end result is a ratio that indicates how typically the present day belongings ought to cover the present day liabilities.
The liquidity ratio does no longer display what number of months it might take to convert all property into cash. It really measures the company's potential to meet its short-term responsibilities.
The time it might take to transform all property into cash isn't always immediately associated with the liquidity ratio, although it is able to be an vital element in assessing a organisation's standard financial fitness.
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